Who bears the expenses for supplemental training with Advanced Mobile Iv And Amiv?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
We or our affiliates may obtain money, goods, services, or other benefits from persons and entities with whom you do business, on account of that business with you. These may include rebates, refunds, commissions, cooperative payments, or discounts. We will accumulate them, annually account to the Advanced Mobile IV franchise system for them and either add them to the Marketing Fund, use them for programs that benefit all franchisees such as conventions and administration of purchasing programs, use them to provide supplemental training and promotional services to Advanced Mobile IV franchisees, or return them at reasonable times to all Advanced Mobile IV franchisees pro rata, based upon the volume of related business.
Source: Item 23 — RECEIPTS (FDD pages 54–202)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the franchisor or its affiliates may receive benefits such as rebates, refunds, commissions, cooperative payments, or discounts from vendors with whom the franchisee does business. Advanced Mobile IV may accumulate these benefits and annually account for them to the franchise system.
Advanced Mobile IV has several options for using these accumulated benefits. They may add the funds to the Marketing Fund, use them for programs benefiting all franchisees like conventions or purchasing program administration. Another option is to use the funds to provide supplemental training and promotional services to Advanced Mobile IV franchisees. Alternatively, Advanced Mobile IV can return the funds to all franchisees pro rata, based on their volume of related business.
This means that while Advanced Mobile IV franchisees may not directly pay for supplemental training in some instances, the availability and extent of such training depends on the franchisor's ability to secure benefits from vendors and their decision on how to allocate those benefits. It's not guaranteed that supplemental training will be provided or fully covered by these funds.